Earnings Edge - T. Anderson
2/5: with overall market weak, energy plays are strong, buying morning dip, risking 44, which is below 20MA, looking for move to 50 initially, upgraded risk to 44.5, added 100 to this position. 2/19: Nice earnings winner and gain. Taking off 60 shares at 52 and letting rest ride, trailing 10MA.
FINAL OUT - MIGHT RAISE THE % FOR OUT.
1ST LIMIT OUT MR A TRADE
ANOTHER NICE ETHAN PLAY IDEA SOLD 3 FOR 18 THEN SOLD OTHER 2 NEXT DAY AT 6 WHEN IT GAPPED DOWN
Entry comments: I have held this stock for a while because of Warren Buffet. He has been buying up OXY all year and is one of his biggest positions. I have been down over 20% so I waited for the opportunity to drop my average once I noticed the stock based and started making higher highs and higher lows. Risk is $38.05. I will be holding this one for a while.
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